How to Make Savings Last Longer in Retirement

June 9th, 2020 by Legacy Wealth Planning

Whether you dream of a travel-filled retirement or would prefer to relax and enjoy spending more time at home, you’re probably wondering what you can do to make your golden years as stress-free as possible. For many who have spent the last several decades in wealth-accumulation mode, withdrawing savings can trigger anxieties about the future. Some […]

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Hats Off to Public Service Workers During the Coronavirus

June 9th, 2020 by Legacy Wealth Planning

While many people have been furloughed and others are working from home, public service workers have continued to show up at work every day as the coronavirus spreads through the United States. During Public Service Recognition Week and Firefighter Day this May, we’d like to take a look at the tireless efforts these people are […]

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Considerations for Charitable Giving

June 9th, 2020 by Legacy Wealth Planning

Any endeavor worth undertaking, especially one that may affect others, deserves our careful consideration before we begin. When contemplating charitable giving, think about the following points: Choose Your Causes. Worthy causes abound and regularly solicit our time and money. Choose a few organizations that focus on areas that are meaningful to you, and then research […]

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Annuity Basics

June 9th, 2020 by Legacy Wealth Planning

An annuity is a contract between you, the purchaser or owner, and an insurance company, the annuity issuer. In its simplest form, you pay money to an annuity issuer, and the issuer pays out the principal and earnings back to you or to a named beneficiary. Life insurance companies first developed annuities to provide income […]

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Ideas for Reducing the Cost of College

June 5th, 2020 by Legacy Wealth Planning

Encourage your student to think about their future financial self Mid-August is the time of year that our kids pack the U-Haul and head to college. And while they’re excited about a brand-new semester, it can be frightening to see the cost – and rising college debt – that comes with the college experience. What […]

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Amidst Stay-At-Home, Learn Money Mindfullness

May 2nd, 2020 by Legacy Wealth Planning

Using money to enhance your life and the lives of those around you Money matters are complex and even scary. How you choose to approach finances mentally is key to mastering them. Financial professionals call this “money mindfulness.” And it’s a mentality that can be worked on while we’re following the current “stay-at-home” orders of […]

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Life Insurance at Various Life Stages

May 2nd, 2020 by Legacy Wealth Planning

Your need for life insurance changes as your life changes. When you’re young, you typically have less need for life insurance, but that changes as you take on more responsibility and your family grows. Then, as your responsibilities once again begin to diminish, your need for life insurance may decrease. Let’s look at how your […]

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11 Ways To Help Yourself Stay Sane In A Crazy Market

April 24th, 2020 by Legacy Wealth Planning

Keeping your cool can be hard to do when the market goes on one of its periodic roller-coaster rides. It’s useful to have strategies in place that prepare you both financially and psychologically to handle market volatility. Here are 11 ways to help keep yourself from making hasty decisions that could have a long-term impact […]

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The April 15th Tax Deadline is Now July 15th

April 16th, 2020 by Legacy Wealth Planning

You don’t need to file by April 15th and you should think about the benefits The U.S. Department of the Treasury is delaying the April 15th deadline to file and pay taxes by 90 days, giving individuals and businesses another 3 months to file and then pay the government what they owe. What Should You […]

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Retirement Assistance Within the CARES Act

April 9th, 2020 by Legacy Wealth Planning

In late March 2020, as the number of novel coronavirus cases in the U.S. surged past 100,000, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed into law.1 The CARES Act provides around $2.2 trillion in aid to businesses and individuals who have been impacted by shelter-in-place orders, government-mandated business closures, and large-scale job losses. […]

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